What is a 'professional client'? Definition & meaning

More terms

Equity

The amount of money a company would be left with by subtracting its liabilities from the value of its assets.

Income statement

A summary of a company's income and expenses over a set period of time.

Geometric Mean Return

A way of calculating compound returns on an investment or savings over a set period of time.

Time Value of Money

The concept that money you have now is more valuable than the same sum in the future.

Compound interest

Understand what compound interest means and how it's calculated

Zero coupon bonds

What is a zero coupon bond?

Bed & ISA

Understand what Bed and ISA is and how it works

Accrued interest

The interest earned on a gilt since the last dividend date. When buying a gilt, the buyer pays the accrued interest at the time of a transaction to the seller in addition to the clean price of the gilt

Balance sheet

A summary of a company's finances, including its assets, liabilities and shareholder equity.

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Professional Client